When it comes to establishing guidelines for Hong Kong’s cryptocurrency sector, the government has been quite transparent. According to the most recent data, the Securities and Futures Commission in Hong Kong will shortly publish regulations for the cryptocurrency sector. Regulators in Hong Kong have warned cryptocurrency businesses not to count
Visa and partners developed a programmable finance platform that allows farmers to securely fund and sell their crop harvests leveraging blockchain technology SAN FRANCISCO–(BUSINESS WIRE)–Visa (NYSE: V), a world leader in digital payments, was one of nine finalists tasked with exploring innovative blockchain-based use cases for the Real Digital (Brazil’s
Expansion to Metis Layer 2 Bolsters Ethereum DeFi Ecosystem TORONTO–(BUSINESS WIRE)–MetisDAO Foundation, an organization committed to building a robust and decentralized layer 2 infrastructure to power web3 enterprises, announced today that Aave Protocol V3 has now been deployed on Metis Layer 2 with overwhelming support from the Metis and Aave
PEPE and other Memecoins trading activity is putting deflationary pressure on ETH. According to ultrasound.money, over 60K ETH has been net burned since the Merge, representing a 2,62% annual supply reduction ceteris paribus,”holding other things constant,” or “all else being equal.” Uniswap, the largest decentralized exchange on the Ethereum network, accounts
Due to the failure to reach acquisition agreements with Binance and FTX.US, Voyager Digital plans to self-liquidate its assets and cease operations. The exchange’s unexpected insolvency and the following arrest of its CEO, Sam Bankman-Fried, caused the aborted FTX-Voyager purchase to fall through. Although the digital asset market has been
The week starts with a red note for the cryptocurrency market. Every asset listed in the crypto sphere is showing a red movement in its price as well as a market capitalization graph. Pioneers in the trade, Bitcoin (BTC) and Ethereum (ETH) are 2.45% and 1.86% down in the last
On Saturday, May 6, 2023, the total TVL across all DeFi platforms was $49.31 billion, with Lido Finance in the lead with a 24.82% stake, or $12.24 billion. Since last month, Lido’s TVL has increased by 9%, with a modest weekly growth of 2.42%. MakerDAO, Aave, Curve Finance, and Uniswap
The trading volume of Pepe (PEPE), a meme currency based on a cartoon frog, has skyrocketed recently. The spot trade volume of PEPE surpassed $2.7 billion recently, second only to USDT, BTC, ETH, and USDC, according to Wu Blockchain, who quoted statistics from CoinMarketCap. The highest trading volume, $650 million,
Despite being relatively new to the scene. Layer 1 blockchain network Sui has quickly established itself as one of the most alluring venues for Web3 game developers. Web3 platforms like Polygon, Immutable, Avalanche, and Solana provide a growing library of games at various stages of development. In contrast, Sui, which
The crypto market is continuing to grow and evolve with the launch of new memecoins. In recent days, memecoins have shown massive bullish intent in the crypto market. So it will be challenging for investors to identify the most performing cryptocurrencies. In this article, we will discuss the key performing
